eVenues Blog

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How to Price Your Venues

November 5, 2008 15:30 by david

One of the unique things about eVenues is that it's one of the first and only online services that enables *YOU* to price or set your price for your venue. Yup, go ahead...pick a number, any number. Depending on the venue, you might get it, but eVenues encourages "discount." We often compare ourselves to the guys down the street at Half-Price Books. Consumers bring in their already read or used books to resell to the general public for discount. So, they're effectively priced to move. Hey, what a concept?

Now, let's replace books for rooms. We've all got rooms, spaces, cubbies, garages, driveways, closets, etc. Most of the spaces sit vacant over 50% of the time. Wouldn't it be cool if we could rent it for an hour or so and make a cool $50 bucks!  Hey, that's a team lunch. One of those each week and we're now talking about paying for the utilities for a month. Eight of those over the course of a month and one on a Saturday and now we're talking FREE revenue.

But, its only going to happen if you price your venue to move. Discount it. Come up with an attractive number for 1 hr, half-day or full-day worth testing. You can develop some head-y math around the number of square feet 'x' the price per foot in your neighborhood, etc., but we feel that's a little ways off. We feel you should jump in while the crowd is small and establish a beachhead...then, grow with us!


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